Corporate Development Associate

Reposted 2 Days Ago
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Newark, NJ
In-Office
128K-191K Annually
Mid level
Financial Services
The Role
The Corporate Development Associate manages M&A processes, evaluates potential targets, creates financial models, and communicates with senior leadership, requiring strong financial analysis and project management skills.
Summary Generated by Built In

Job Classification:

Finance & Accounting - Finance & Accounting

The Corporate Development Group at Prudential Financial Inc. is responsible for acquisition and divestiture activities across Prudential's various businesses, both in the United States and internationally. Since the group’s inception in the late 1990s, the group has closed more than 120 transactions with aggregate value in excess of $35 billion. The group is also responsible for sourcing acquisitions as well as developing select strategic analyses to support Prudential’s executive team.
The Corporate Development Associate role is an M&A transaction execution-focused position that provides significant exposure to the full spectrum of Prudential’s global businesses as well as frequent interaction with Prudential’s senior leadership team. The environment is fast-paced and exciting, and the role offers a unique opportunity to be part of a team that leads some of the highest priority and most impactful transactions that help shape the future of Prudential.

The current EWA for this position is Hybrid and requires your on-site presence 3 days per week. You manager will provide additional details relative to days you are expected to be on-site.
What you’ll do:

  • Management and execution of all aspects of the M&A process

  • Evaluation of potential acquisition and divestiture targets including detailed financial analysis and an assessment of strategic fit

  • Complex modeling of pro forma scenarios to assess the financial impact of potential acquisitions and divestitures on Prudential

  • Production of executive-friendly communications and materials (including presentations, memos, and financial analysis) to inform senior management and facilitate decision-making

  • Significant engagement with functional business partners across Prudential including Finance, Tax and Accounting among many others

  • Frequent communication with senior leadership at Prudential

  • Coordination of cross functional due diligence to evaluate the risks and opportunities of M&A transactions

  • Other select and high-priority strategic analyses for Prudential’s executive leadership team

What you’ll need:

  • 2–5  years of prior work experience

  • Investment banking or M&A transaction-related experience is preferred, but not required

  • Life insurance, reinsurance or broader financial services industry experience is a plus, but not required

  • Strong financial modeling skills

  • Team player with strong project management skills

  • Excellent verbal and written communication skills

What we offer you:Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $128,100.00 to $190,700.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
  • Market competitive base salaries, with a yearly bonus potential at every level. 

  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 

  • 401(k) plan with company match (up to 4%). 

  • Company-funded pension plan. 

  • Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. 

  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.  

  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.  

  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service. 

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.  

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. 

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. 

If you need an accommodation to complete the application process, please email [email protected]. 

 

If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

Top Skills

Excel
Financial Modeling
Presentation Software
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The Company
Chicago, IL
3,593 Employees

What We Do

PGIM, the investment management business of Prudential Financial, Inc.* is a multi-manager that delivers industry-leading strategies and solutions to clients. Each business maintains its own investment process and culture, allowing for a singular focus on delivering investment returns for clients.

The PGIM businesses offer investors a wide range of investment strategies across asset classes and geographies, including public equities, public and private fixed income, commercial mortgages and real estate. Clients of PGIM can rely on superior long-term performance, risk management expertise and innovative products to help them realize a wide range of business objectives.

In addition, PGIM uses its collective knowledge and business expertise to work with public, private and non-profit sector partners to create solutions that address critical social issues that have an enduring impact.

*Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

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